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20121129
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and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top earners and republicans will have to work with that reality. >> there is no responsible way we can govern this country with those low rates in place for future generations. those rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrats are negotiating for a position of power. talking points memo points out republicans are used to getting 70% to 75% of what they ask for in these types of negotiations but now speaker boehner is going on and on about how he's shocked and amazed at president's plan and is refusing to offer a counter plan on the republican side. you want to talk about this or anything else, join us online at current.com/stephaniemiller. we'll see you with more after the break. kind of guys who do like rev
is terrible for the market. well, the easiest way to end the uncertainty about the fiscal cliff and tax rates and their potential impact of the vast majority of americans as they go into this vital holiday shopping season that's pretty central to our economy is for us to pass that and say okay, that part of this is over. the $2,000 on average tax hike that most working families are facing, if we go over the cliff done, taken care of. now, let's work through the balance of increased revenue on the high income earners and spending cuts that we need to get done to achieve a roughly $4 trillion savings. >> bill: and closing loopholes and other issues. >> that's a difficult process. there's lots of detail to it. in my view, there's two bad outcomes here that are quite possible. first is we do nothing. which is -- something we seem to have shown some real capability of. but if we go over the if is cal cliff, which is really more of a slope than a cliff. it is not like y2k where january 1, everybody has a dramatic cuts in services an
Search Results 0 to 2 of about 3 (some duplicates have been removed)